Trump predicts Iran will seek deal

. Leaders from more than 60 countries have been invited to serve on the Peace Council. PHOTO: REUTERS WASHINGTON: President Donald Trump predicted on Friday that Iran would seek to negotiate a deal rather than face American military action, despite Tehran warning that its arsenal of missiles would never be up for discussion. “I can … Read more

Gold crashes by over Rs35,000 per tola

[ KARACHI: Gold prices in Pakistan suffered a bloodbath on Friday as prices dropped over Rs35,000, mirroring a steep correction in international markets where gold, silver and copper tumbled after touching record highs earlier in the week. The downturn was driven by panic profit-taking as investors rushed to lock in gains amid fading expectations of … Read more

FinMin urges debt markets to cut bank dominance

[ Tells SECP reforms will target lower issuance costs, digital onboarding and wider investor participation ISLAMABAD: Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb said that under the Capital Markets Development Council, the government is promoting coordinated reforms across the entire financial system by moving beyond institutional silos as part of its comprehensive reform … Read more

Documentary on Melania premieres in Washington

melania trump photo file

Titled ‘Melania’, it was funded by an extraordinary multimillion-dollar deal with Amazon. Melania Trump. Photo: file WASHINGTON: US President Donald Trump, Melania Trump and top administration officials attended the premier Thursday night of the first lady’s new movie promising a behind-the-scenes glimpse at her husband’s return to power. The documentary, titled “Melania” and funded by … Read more

PM unveils major relief for industry, export sectors

Announces Rs4.04 power tariff cut; Slashes export refinance scheme rate by 3% to 4.5%; Offers blue passports PM Shehbaz Sharif addresses the country’s major exporters and business figures at a ceremony in Islamabad. Photo: APP ISLAMABAD: Prime Minister Shehbaz Sharif on Friday announced major relief measures for the industries and exports sectors, including a reduction … Read more

PSX rebounds to over 184,100 points

[ Shares of 324 companies were traded. At the end of the day, 90 stocks closed higher, 211 declined and 23 remained unchanged. PHOTO: FILE KARACHI: The Pakistan Stock Exchange (PSX) rebounded sharply on Friday as the benchmark KSE-100 index climbed over 1,800 points to close above 184,100, after touching an intraday high of 186,619 … Read more

Open bidding for Islamabad Airport

Bajwa said that 24 state-owned entities are being privatised this year, and that the three major airports have also been included in the privatisation list. Photo: AFP ISLAMABAD: The federal government has said that following the privatisation of Pakistan International Airlines (PIA), the privatisation of Islamabad International Airport has been declared a priority, adding that … Read more